FASHION INDUSTRY NEWS – FRIDAY
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COACH NAMES NEW CHIEF OF STUART WEITZMAN BRAND – RetailingToday
“Coach Inc. is appointing Wendy Kahn, as CEO and brand president – Stuart Weitzman, effective Sept. 13, 2016. Kahn will succeed Wayne Kulkin, the brand’s current CEO, who will become a consultant to Coach. She joins the luxury retailer from Valentino Fashion Group, where she currently holds the position of CEO – Valentino, USA and V.F.G., USA & Canada. Previously, Kahn served as senior VP of sales, marketing & retail for Valentino from 2006-2008.”
THE ONE RETAIL SECTOR THAT NEED NOT FEAR AMAZON – Forbes
“All manner of retailers are losing sleep over Amazon — but not the off-price players. These days, two-thirds of consumers buy their duds at off-price retail chains like T.J. Maxx and Nordstrom JWN -0.56% Rack, according to a new report from The NPD Group, the global market research firm.”
AMERICANA (OF ALL KINDS) DOMINATES MEN’S FASHION WEEK – TheCut
“Only at men’s Fashion Week would the models be sipping beer and martinis as they worked — nice work if you can get it, right? At Nautica’s presentation yesterday, day-drinking was just part of the relaxed, preppy spirit. (…) The theme was right on the (old) money, as several other men’s designers explored classic Americana terrain.”
RACHEL ZOE CELEBRATES NET-A-PORTER COLLAB – Pret-a-Reporter
“The nine-piece collection inspired by the Italian coast, sticks to Zoe’s signature boho-glam vibe with touches of metallic fabric, tassel detailing and off-the-shoulder necklines, (the trend of the summer seen on stars varying from Kate Middleton to Kendall Jenner).”
LOUIS VUITTON’S COLLECTION OF BLACKOUT LOGO GEAR IS FINALLY DROPPING – GQ
“Called Monogram Eclipse, what appears to be a murdered-out spin on L.V.’s biggest moneymaker is actually crafted in monochromatic grey and black shadow tones, and which all goes back to an archival Malle Courrier in black leather from the house archives, which serves as this collection’s inspiration.”
BURBERRY HALTS FACTORY PLAN AMID BREXIT FALLOUT – TheFashionLaw
“Burberry Group Plc’s plan to build a new weaving facility in the U.K. is on hold as the luxury-goods maker assesses the impact of Brexit vote, the latest sign of the EU referendum eroding corporate confidence. The company, which shook up its top management ranks earlier this week, still plans to go ahead with the 50 million-pound ($66.9 million) plant in Leeds, England, though is being “very cautious” on its investment plans, Chairman John Peace said after Thursday’s annual meeting in London.”